Sarda Energy & Minerals: Updates – Sarda Metals & Alloys Ltd. – declared preferred bidder for Mn Ore block
Sarda Energy & Minerals (SARDAEN) filed a disclosure titled "Updates – Sarda Metals & Alloys Ltd. – declared preferred bidder for Mn Ore block". The company is valued at about ₹16,955 crore.
What happened
Sarda Energy & Minerals (SARDAEN) filed a disclosure with the exchanges on 10 October 2026 at 11:59 AM titled "Updates – Sarda Metals & Alloys Ltd. – declared preferred bidder for Mn Ore block".
Company snapshot
Sarda Energy & Minerals is a small-cap company in the Metals & Mining sector, with a market value of about ₹16,955 crore.
The stock last traded at ₹481.2, against a 52-week range of ₹453.1–₹624 (22.9% below the high).
Before this filing the shares had moved −4.0% over the month and −0.7% over three months. Average daily turnover over the last 20 sessions was about ₹29.84 crore.
Promoters held 73.16% at the end of Q1 FY27. Foreign institutions owned 3.52% and domestic institutions 3.47%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 1,633 | 434.4 | 12.33 |
| Q2 FY26 | 1,528 | 323.2 | 9.17 |
| Q3 FY26 | 1,276 | 190.4 | 5.4 |
| Q4 FY26 | 1,254 | 158 | 4.48 |
| Q1 FY27 | 1,608 | 458.3 | 13 |
What history shows
BCEIE has no earlier similar filing from this company on record since May 2026.
Market-wide, 90 similar filings with an impact score of 50 or more saw an average next-day move of +0.7%, with 44% rising.
Past reactions describe what happened before; they are not a forecast.
Market reaction so far
Since the filing, the stock has fallen 2.2%, from ₹491.9 before the disclosure to ₹481.2 (live price).
In the news
Recent coverage elsewhere (links open the original publisher):
- Sarda Energy & Minerals Credit Rating Upgraded to CRISIL AA
- Sarda Energy & Minerals (NSE:SARDAEN): What Does the Credit Rating Upgrade at Its Subsidiary Mean?
- Sarda Energy & Minerals Ltd Technical Momentum Shifts Amid Mixed Market Signals
- Sarda Energy approves ₹1,000 crore NCD issue at AGM
- Sarda Energy Subsidiary Sarda Metals Secures CRISIL Credit Rating Upgrade
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.